West Virginia Lottery

WVLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Sep 2, 2025 is estimated to be $302 Million, with a cash option of 136 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of West Virginia, your state will take 6.5% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

West Virginia MEGA Millions Jackpot/Cash Option for Tue Sep 2, 2025

Draw Date	Jackpot	Cash Option
Tue Sep 2, 2025	$302,000,000	$136,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$136,000,000
Federal Tax(24%)	$32,640,000
Additional Federal Tax	$17,640,330
State Tax(6.5%)	$8,840,000
Net Lumpsum Payment	$76,879,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$4,545,402	-$1,642,129 -$295,451	$2,607,822
2	$4,772,808	-$1,726,269 -$310,233	$2,736,306
3	$5,011,388	-$1,814,544 -$325,740	$2,871,104
4	$5,262,048	-$1,907,288 -$342,033	$3,012,727
5	$5,525,090	-$2,004,614 -$359,131	$3,161,345
6	$5,801,420	-$2,106,856 -$377,092	$3,317,472
7	$6,091,340	-$2,214,126 -$395,937	$3,481,277
8	$6,396,058	-$2,326,872 -$415,744	$3,653,442
9	$6,715,876	-$2,445,205 -$436,532	$3,834,139
10	$7,051,700	-$2,569,459 -$458,361	$4,023,880
11	$7,404,134	-$2,699,860 -$481,269	$4,223,005
12	$7,774,386	-$2,836,853 -$505,335	$4,432,198
13	$8,163,060	-$2,980,663 -$530,599	$4,651,798
14	$8,571,364	-$3,131,735 -$557,139	$4,882,490
15	$8,999,902	-$3,290,294 -$584,994	$5,124,614
16	$9,449,882	-$3,456,787 -$614,242	$5,378,853
17	$9,922,210	-$3,631,548 -$644,944	$5,645,718
18	$10,418,396	-$3,815,137 -$677,196	$5,926,063
19	$10,939,346	-$4,007,888 -$711,057	$6,220,401
20	$11,486,268	-$4,210,250 -$746,607	$6,529,411
21	$12,060,672	-$4,422,779 -$783,944	$6,853,949
22	$12,663,766	-$4,645,924 -$823,145	$7,194,697
23	$13,296,758	-$4,880,131 -$864,289	$7,552,338
24	$13,961,762	-$5,126,182 -$907,515	$7,928,065
25	$14,659,684	-$5,384,413 -$952,879	$8,322,392
26	$15,392,940	-$5,655,718 -$1,000,541	$8,736,681
27	$16,162,436	-$5,940,432 -$1,050,558	$9,171,446
28	$16,970,588	-$6,239,448 -$1,103,088	$9,628,052
29	$17,819,208	-$6,553,437 -$1,158,249	$10,107,522
30	$18,710,108	-$6,883,070 -$1,216,157	$10,610,881